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Global Articulated Robot Market, By Industry vertical (Aerospace, Chemicals, Rubber, Food & Beverages), By Application (Assembly, Bin picking, Load/unload), By Component (Hardware), By Payload Capacity (Heavy, High, Low)u2013 Forecast till 2023
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Articulated Robot Market Forecast 2023 Articulated Robot Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.
Articulated Robot Market Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.
Articulated Robot Market Forecast 2023 Summary The recent trend of Industry 4.0 has called for an increase in the level of automation which can be considered as a boosting factor for the growth of articulated robot market. Automotive industry has been the primary market for articulated robots and continues to drive its growth in the coming years. Increase in demand for higher efficiency in production across various industries is driving the growth of the market. However high configuration and reprogramming cost for low volume production is expected to restrain the growth of global articulated market. P a g e | 3 Copyright © 2017 Market Research Future.
Articulated Robot Market Forecast 2023 Major Key Players: The key players in the global articulated robot market are ABB (Switzerland), Fanuc Corporation(Japan), Yaskawa Electric Corporation(Japan), Kawasaki Heavy Industries, Ltd.(Japan), Mitsubishi Electric Corporation(Japan), Seiko Epson Corporation(Japan), Toshiba Machine Co., Ltd(Japan), OMRON Corporation(Japan), KUKA Aktiengesellschaft(Germany), Yamaha Motor Co., Ltd(Japan), Aurotek Corporation (Taiwan), Cassioli Srl (Italy), Daihen Corporation (Japan), Denso (Japan), Engel (Austria), Nachi-Fujikoshi (Japan), Stubli International (Switzerland), SIASUN (China), HIWIN (Taiwan), GSK (UK), and Triowin (China). P a g e | 4 Copyright © 2017 Market Research Future.
Articulated Robot Market Forecast 2023 Segmentation: The global articulated robot market is segmented based on component, payload capacity, application, industry vertical and region. By component the global articulated robot market is segmented based on hardware, software and, services. The hardware segment is further segmented into controller, arm, drive, end-effector and sensor. By payload capacity the global articulated robot market is segmented into low, medium, high, and heavy. By application the global articulated robot market is segmented into material handling, welding, load/unload, bin picking, assembly, processing, washing, painting, and others. By industry vertical the global articulated robot market is segmented into automotive, aerospace, EMS (electronic manufacturing services), food & beverages, metals & machinery, chemicals, rubber, & plastics, precision engineering & optics, pharmaceuticals & cosmetics, and others. P a g e | 5 Copyright © 2017 Market Research Future.
Articulated Robot Market Forecast 2023 Regional Analysis: The global market for articulated robot is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis for global articulated robot market is done for North America, Europe, Asia-Pacific, and the rest of the world. Asia-pacific is expected to be both the largest and fastest growing segment in the global articulated robot market during the forecast period. Growing industrialisation in countries like India and China and increasing adoption of articulated robots in small and medium sized enterprises in this region is driving the growth of the market. Increasing demand for automation from industry verticals like automotive, electronic component manufacturing and food and beverages is driving the growth of the articulated robot market in the region. North America is expected to contribute significantly to the global articulated robot market during the forecast period. The automotive industry is a primary driver for the ariculated robot market in the region. The major applications for articulated robot market in North America include painting, material handling, and welding. However the rising concerns over unemployment are slowing the growth of articulated robot market in the region. P a g e | 6 Copyright © 2017 Market Research Future.